Budimex Constructs Rail Baltica in Latvia

In the end of December 2023 Eiropas Dzelzceļa Līnijas implementing the Latvian part of Rail Baltica project signed € 3.7b contract with the winning consortium ERB RAIL composed of Eiffage Génie Civil (France), Budimex (Poland) and  Rizzani de Eccher (Italy) to construct 230 km of high-speed railway in Latvia. Now technical documentation and formalities are completed, construction will start this year in Iecava city and will take 8 years. Budimex holds 30% in the consortium, i.e. € 1.1b. It has already opened is office in Latvia. The objective of Rail Baltica is to connect all the Baltic states to the European railway network by linking Warsaw with Tallin and later Helsinki. The project includes construction of 870 km of railways: 392 km in Lithuania, 265 km in Latvia and 213 km in Estonia. All construction works will costs in total € 5.8b.